Statewide pending home sales in California decreased in March on an annual basis for the third straight month, reflecting high demand for a dearth of homes available for sale on the market, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

“In an attempt to inform residents in two of our public housing communities about an exciting job opportunities program that SHRA has created, we distributed approximately 480 flyers that contained wording we thought would be helpful to residents looking for employment. We couldn’t have been more wrong in our approach to communicate our message. Our flyer offended some residents who felt disrespected and stereotyped and we are sorry,” said SHRA Executive Director La Shelle Dozier.

With runoff from spring storms boosting reservoir levels, the Department of Water Resources (DWR) today increased its water delivery estimate for most recipients to 60 percent of requests for the calendar year.

International award-winning firm KTGY Architecture + Planning is pleased to announce that Timber in Newark, Calif., built by visionary California homebuilder Trumark Homes and designed by KTGY, received top honors at the 2016 Building Industry Association (BIA) Bay Area Excellence in Home Building Awards earlier this month. Timber received the “Multi-Product Community of the Year” Award and “Best Architectural Design – Multi-Family” Award. The community also received an award for “Best Signage

WASHINGTON, D.C. - (RealEstateRama) -- A Long Beach accountant awaiting trial for embezzling money from a county foster home has been indicted on similar...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that President Ed Hanley and Senior Vice President Kevin Fryman represented the buyer and seller in the sale of Stevenson Ranch Plaza in Santa Clarita, a 97% occupied, 187,035-square-foot Ralphs grocery-anchored shopping center located in the Los Angeles metro area. The sale price was $72.5 million.

Attorney General Kamala D. Harris today announced her support for the Homeowner Survivor Bill of Rights, California Senate Bill 1150, legislation authored by Senators Mark Leno (D-San Francisco) and Cathleen Galgiani (D-Stockton). The proposed bill would require companies that collect payments from borrowers—mortgage loan servicers— to communicate with the widowed spouses and survivors of homeowners to ensure that survivors receive accurate information about assuming responsibility for a mortgage and avoiding foreclosure. This legislation builds on Attorney General Harris’ work in 2011, when she secured $20 billion in relief for California homeowners

Two men were convicted and sentenced today for cutting down a tree which housed migratory and protected birds. Stephen John Esser, 47, Dana Point, and David Roger Stanley, 41, Downey, each pleaded guilty to one misdemeanor count of unlawful possession and destruction of bird nests/eggs, and one misdemeanor count of unlawful taking of migratory nongame birds. They were each sentenced to three years of informal probation, ordered to serve 120 hours of community service in lieu of 15 days in jail, and both defendants were ordered to pay $14,000 in fines and restitution.

The Department of Justice and the U.S. Environmental Protection Agency (EPA) today announced that a group of 66 companies have agreed to clean up contaminated groundwater at the Omega Chemical Corporation Superfund Site in Whittier, California.  The settlement requires the companies to spend an estimated $70 million to install wells and operate a groundwater treatment system.  In addition, the parties will reimburse EPA $8 million and the California Department of Toxic Substances Control $70,000 toward costs incurred in those agencies’ past cleanup actions at the site

The House Appropriation Committee today approved the fiscal year 2017 Energy and Water Appropriations Bill. The legislation provides annual funding for national defense nuclear weapons activities, the Army Corps of Engineers, various programs under the Department of Energy (DOE), and other related agencies.

Congressman Kevin McCarthy released the following statement on passage of the House Appropriations Committee fiscal year 2017 Energy and Water Development and Related Agencies Appropriations bill, which includes legislative provisions pushed by McCarthy, Interior Appropriations Subcommittee Chairman Ken Calvert, Appropriations Committee Member Rep. David Valadao, and the California Republican delegation to deliver water to the Central Valley and southern Californian communities while protecting water rights

More real estate investors are turning to niche properties and away from investing in single-family homes and multifamily properties than they have in recent years, according to a CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) survey of its members about their interactions with real estate investors

Representatives Mike Thompson (CA-05), Jared Huffman (CA-02), Jerry McNerney (CA-09), Doris Matsui (CA-06), Mark DeSaulnier (CA-11) and John Garamendi (CA-03) released the following statement today in response to the news that the Office of Inspector General (OIG) within the Department of the Interior will conduct a review of the Delta Habitat Conservation and Conveyance Program, also known as California WaterFix.

Financing Plan Allows Construction Progress of Transbay Transit Center to Proceed On-Time & Creates Cost Control Board to Add Transparency & Oversight. Mayor Edwin M. Lee along with Supervisor and Metropolitan Transportation Commissioner Scott Wiener, Supervisor and Transbay Joint Powers Authority (TJPA) Director Jane Kim, and TJPA Board Chair Greg Harper today announced a proposed financing package to allow completion of the Transbay Transit Center, Phase One

California home sales rose from both the previous month and year to post the highest sales pace in six months, while strained housing supplies continued to push home prices higher, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.

Continuing to build a better future for all of San Diego’s neighborhoods, Mayor Kevin L. Faulconer today introduced the City of San Diego’ s Proposed Fiscal Year 2017 Budget – a balanced budget that marks a doubling of infrastructure funding and near-tripling of streets funding since Faulconer took office

The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) Center for California Real Estate (CCRE) is partnering with the University of California Center Sacramento to sponsor, “Housing Affordability in California: Current Challenges and Potential Policy Solutions” in an effort to address the state’s rapidly declining homeownership rate.

Ranking Member of the House Committee on Transportation and Infrastructure Peter DeFazio (D-OR) and Ranking Member of the Subcommittee on Water Resources and Environment Grace Napolitano (D-CA) introduced legislation that will help communities finance critical clean water infrastructure projects. The “Water Quality Protection and Job Creation Act of 2016”, would invest $20 billion over five years in wastewater infrastructure through the Clean Water State Revolving Fund and other efforts to improve water quality and create thousands of new, living wage construction jobs.

Since introducing the SOS Act of 2016 in February, U.S. Representative Jeff Denham (R-Turlock) has received support from water districts and organizations across the Valley focused on delivering water to families and farms. Rep. Denham’s bill, which eliminates the counterintuitive doubling requirement for predator fish created by the 1992 Central Valley Project Improvement Act (CVPIA), is scheduled for a hearing in the House Natural Resources committee next week.<